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Nearly 10 months after making an aggressive move to acquire struggling Internet portal Yahoo, Microsoft no longer has any interest in buying the company. At the software giant's annual meeting on Tuesday, Microsoft CEO Steve Ballmer said that Microsoft is "done with all acquisition discussions" with Yahoo.
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Psystar's chief legal defense in its fight with Apple is off the table -- for the moment at least. U.S. District Judge William Alsup has dismissed charges that Apple is violating antitrust regulations and creating restraint of trade by linking its operating system with its branded hardware.
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In a move that could threaten the livelihoods of security software makers Symantec and McAfee, Microsoft has announced it will offer free antivirus software some time in the second half of 2009. The free software, codenamed "Morro," will replace Microsoft's current security offering, Windows Live OneCare, a suite of services that costs consumers about $50 per year.
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HP shares soared 14 percent Tuesday, leading a tech sector rally, after the No. 1 PC maker announced better-than-expected earnings six days early. However, technology analysts warned that the industry still might be slipping into its worst downturn since the dot-com bust of 2001. "Things are tough out there," says equity analyst Brent Bracelin at Pacific Crest Securities.
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If Dreamworks Chief Executive Jeffrey Katzenberg is right, you'll soon be out shopping for the latest in designer glasses. 3-D glasses that is. Hollywood studios such as Dreamworks, Walt Disney and 20th Century Fox are betting 3-D will finally become the next big thing in film, luring moviegoers to the theater with advancements in a technology that first caught viewers' attention in the 1950s.
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